RE: COVID impact on results21 Jun 2021 13:38
https://www.lse.co.uk/rns/SCGL/market-update-30kilone4e4y6mb.html
"Since the launch of its trial operation on 8 July 8 2020, the overseas Tmall flagship store of Qiaohuajiao has delivered turnover in excess of HKD 500,000. The average amount per customer transaction is over HKD 350, and the sales volume has exceeded 1,200 packs. On 24 August 2020, Qiaohuajiao was sold through live broadcast on the platform for the first time. The entire warehouse stock was sold out within three minutes, with Qiaohuajiao being the number one ranking store in the Chinese fish maw industry on that day.
Qiaohuajiao is currently actively preparing for the Double Eleven sales and promotion event and continues to cooperate with Tmall International. Double Eleven originated from a similar promotional day first held on 11 November 2009 by the Chinese e-commerce giant Alibaba. It has since evolved into an annual industry-wide event, similar to Black Friday elsewhere in the world. From September 2020 Qiaohuajiao will upgrade its stores, launch a new import business, and participate in Double Eleven which Sealand expects will bring further impressive sales figures."
So how did singles day(double 11) go?
https://www.cnbc.com/2020/11/12/singles-day-2020-alibaba-and-jd-rack-up-record-115-billion-of-sales.html